Building Psychological Capital: Hope, Self-Efficacy, Resilience, and Optimism

By Christopher L. Heffner, PsyD, PhD

You Can Bank On it

Psychological capital in many ways is like a savings account for our well-being. Just as it is good to save money for a rainy day, it is good to build psychological capital. It is beneficial for good days and allows us greater comfort and safety in taking risks, being vulnerable, and trying new things because it brings with it a greater belief in the self and our ability to succeed. It also provides a cushion in case we fall short...